Funding arb · Price arb /

PLTR

RWAall PLTR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h +0.011%

Price spread now: QFEX against Gate+0.016%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$135as in the Price arb table

costs, in and out, $10k−$1381.376% of the position

Long on Gate Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.011%+$1 on $10k

Price spread, last 4 days (all we have)−0.125%−$13 · spread now +0.016%, 7d avg −0.006%

Together, before fees−0.115%−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and QFEX is 0.022% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate PLTR_USDT	184.06	0	get 0.0000% / 8h	7h 12m	$326K	$800K	50x
Short	QFEX PLTR-USD	184.09	0.0011	get 0.0001% / 1h	12m 57s	$1.2M	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee QFEXbpOrdersPrice spread, now +0.016%Rate

Funding earned: $2.34
Price spread: +0.016% → −0.006%: $2.2
Slippage, 4 orders: −$112.65
Fee Gate: 7.5 bp × 2 orders: −$15
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$133.12
Costs to cover: 1.376%
Break-even: 406.0 days

Slippage from Gate: live order book, 19 min ago; QFEX: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 19 min ago	2.99 bp	41.2 bp −$41	142.8 bp −$1,428	doesn't fit	doesn't fit
Sell QFEX live order book, 9 min ago	1.36 bp	6.4 bp −$6	8.1 bp −$81	doesn't fit	doesn't fit

PLTR on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PLTRUSDT	0.0000%	8h	184.10	+0.021%	$61K	$44K	50x	as long as short
Extended PLTR_24_5-USD	0.0000%	1h	184.05	−0.004%	$305K	$852K	10x	as long as short
Binance PLTRUSDT	0.0000%	8h	184.10	+0.022%	$9.1M	$31.7M	20x	as long as short
Bybit PLTRUSDT	0.0000%	8h	184.12	+0.033%	$2.9M	$2.5M	25x	as long as short
OKX PLTR-USDT-SWAP	0.0000%	8h	184.13	+0.038%	$1.8M	$2.5M	20x	as long as short
Gate PLTR_USDTlong	0.0000%	8h	184.06	long leg	$326K	$800K	50x
Bitget PLTRUSDT	0.0000%	8h	184.04	−0.011%	$3.4M	$3.1M	20x	as long as short
Variational Omni PLTR	0.0000%	8h	184.10	+0.024%	$741K	$223K	—	as long as short
GRVT PLTR_USDT_Perp	0.0000%	8h	184.06	+0.001%	$15K	$522K	10x	as long as short
QFEX PLTR-USDshort	+0.0011%	1h	184.09	+0.016%	$1.2M	$2.1M	10x

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter PLTR	+0.0032%	1h	183.99	−0.039%	$221K	$282K	10x	as long as short
Lighter RH PLTR	+0.0032%	1h	184.01	−0.028%	$376K	$583K	10x	as long as short
Injective PLTR/USDC PERP	+0.0033%	1h	181.69	−1.288%	$1K	$42K	30x	as long as short
Arcus PLTR-USD	+0.0040%	1h	184.04	−0.011%	$85K	$49K	10x	as long as short
Vest PLTR-USD-PERP	+0.0046%	1h	184.29	+0.125%	—	$124K	25x	as long as short
tradeXYZ xyz:PLTR	+0.0050%	1h	183.96	−0.054%	$12.1M	$6.6M	10x	as long as short
Polymarket Perps PLTR-USD	+0.0050%	1h	184.00	−0.033%	$216K	$659K	10x	as long as short
SoDEX PLTR-USD	+0.0050%	1h	184.04	−0.011%	$52K	$3K	10x	as long as short
Ondo Perps PLTR-USD.P	+0.0050%	1h	183.94	−0.065%	$334K	$2.0M	10x	as long as short
Phoenix PLTR	+0.0087%	1h	184.04	−0.011%	$30K	$93K	10x	as long as short
Pacifica PLTR	+0.0100%	1h	183.99	−0.036%	$194K	$16K	10x	as long as short
KuCoin PLTRUSDTM	+0.0100%	8h	183.97	−0.049%	$1.0M	$122K	20x	as long as short
ApeX Omni PLTRUSDT	+0.0100%	1h	183.94	−0.065%	$3K	$8K	50x	as long as short
Aevo PLTR-PERP	+0.0104%	1h	184.04	−0.011%	$90	—	10x	as long as short
BloFin PLTR-USDT	+0.0120%	8h	184.13	+0.038%	$127K	$271K	20x	as long as short
edgeX PLTRUSDC	+0.0137%	4h	184.04	−0.011%	$43K	$267K	10x	as long as short
Hotstuff PLTR-PERP	+0.0216%	1h	184.00	−0.033%	$29K	$10K	20x	as long as short